Geopolitical conflict is seen as the biggest risk in the Middle East (41%) and Central and Eastern Europe (34%). In Western Europe.
According to the report, the global economy reached a trough in the first half of 2024, with the outlook for the end of this year and 2025 indicating a modest rebound
Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
Romania's annual inflation rate remained unchanged at 9.8% in November.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.
As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.